NYSE:AGRO
Possible Scenario: LONG
Evidence: Price Action
This is my idea and could be wrong 100%,
TP1 ~ 8.45
TP2 ~ 9.65
SL: 7.75
Buy Alert: 8.07
CALLS for 21 May Strike 10$
MA200 Breakout ✓
Long Term downtrend Breakout.✓
Small resistance Breakout. ✓
Little pullback above the new support. Strength approved. ✓
Double supports to set up our stop losses. Just wait one day more until open long position.
Doji with high volume. Waiting on confirmation. If it's a fakeout the next candle will open higher than resistance line.
*The more times a stock price has touched these areas, the more valid these levels are and the more
important they become. At the same time, the longer these support and resistance levels have been in play, the better the outcome when the...
Bullish indicators in MACD, EMA crossing indicates for possible buy opportunity.
Long term fibo may indicate bullish trend in the future, taking 11.14 as a target.
If wrong, dropping to target @ 10.30.
